The Nigerian Communications Commission (NCC) is set to publicly disclose the names of 18 banks this week that have failed to pay off their debts for...
In 2024, Nigerian banks reported impressive profits, driven by a combination of a new recapitalisation exercise and regulatory shifts, including the dissolution of boards/management and license...
Nigeria has secured $7.6 billion in investment interests at the Africa Investment Forum 2024, held in Rabat, Morocco, from December 4 to 6, 2024. The announcement...
The ongoing debate among FBN Holdings Plc shareholders regarding the proposed N350 billion private placement has sparked discussions on corporate governance and transparency. However, some shareholders...
The Central Bank of Nigeria (CBN) has announced the immediate suspension of approvals for the extension of export proceeds repatriation for exporters. A circular dated January...
The Securities and Exchange Commission (SEC) has announced plans to strengthen the regulatory framework for borrowing by governments and corporate entities in Nigeria. SEC’s Director-General, Dr....
Guaranty Trust Holding Company Plc (GTCO) has announced plans to attract foreign institutional investments in the second phase of its recapitalisation programme in 2025. This follows...
Landmark Group has secured waterfront land in Port Harcourt, in partnership with the Rivers State Government, to redevelop the once-popular Port Harcourt Tourist Beach into a...
The Dangote Petroleum Refinery retained 13% of Nigeria’s crude oil exports as domestic supply in 2024, according to a new report by Reuters. This development increased...